Steep: scattered development for Swedish funds

2020 was clearly the year of small businesses, says Frida Bratt. Both First North and the Small Cap list have outperformed the large-cap index for the year. First North is up 74 percent in one year, while the small cap listing is up 28 percent. It will be contrasted with the OMXS30, which dominated 9 percent during the same period.

Pure small business funds have done absolutely better, as Enter the small business fund which has increased by 66 percent and Spiltan Small Company Fund, 54 percent more.

– If we ignore the pure funds of small companies and look at the funds that both invest freely in Swedish companies regardless of their size Handelsbanken Sverige Theme performed better with an increase of 41 percent. The biggest possession is the Embracer rocket, but we also found Stillfront and Sinch. The true coach favorites and savers that have been very strong in 2020. Skandia Sustainable Sweden it has increased by 29 percent, and among the largest holdings we also find here Embracer but also Latour. Latour has sold for sky-high premiums throughout the year, says Frida Bratt.

Embracer is also the largest share Odin Sweden, which also increased by 29 percent, while The customer Sweden it is up 28 percent.

In the bottom list is Swedbank Robur High Dividend, which has not managed to give any return in all this year. 2020 was not the year of dividends and the fund focuses on companies with high direct returns and therefore has many banks between the positions.

– The banking sector has lagged behind this year and dividends have been frozen inside. as well Simplicity Sweden it has yielded 6 percent in one year, and here too bank holdings are large, says Frida Bratt.

The development of index funds is also spreading. It has been the best for the index fund SPP Sweden Plus, which increased by 18 percent. Skandia Sweden Exhibition, which tracks the SIX PRX index, is up 17 percent. The broader the index, meaning the more small companies, the better the fund has performed.

– The worst among index funds is Evli Sweden Stock Index, which invests in accordance with the SIX30 performance index. Here, too, it is the lack of return that disturbs him, as it does for Return on capital savings. Funding is up 7 and 8 percent, respectively, says Frida Bratt.

Tables: The tables below show the best small business funds and their development in 2020. The tables below show the development of the best and worst funds last year in the broad fund and index fund categories, respectively.